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Oswal to occupy DLF shares

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Business giant Motilal Oswal has made their documentation ready for the buying of DLF shares costing Rs. 257 per each. However the participation of the broker has reduced the NAV of the realty company by 24.5 per cent which came down to Rs. 361 from Rs. 480. As per the sources of www.propertykhazana.com the residential vertical has touched to 43 percent of GAV and the commercial vertical was recorded with 32 percent of GAV along with 17 percent in retail vertical of GAV was witnessed during the deal.
Motilal Oswal also recommends DLF as the best outfit to handle construction matters with its robust management. As per the sources of www.propertykhazana.com DLF has almost succeeded to raise the fund of $445 million and company will be increasing its liquid assets which will be helpful to lower the receivable of the company. Apart from this the realty giant is to count 10 msf of rental assortment with in very sort time.
Sources of www.propertykhazana.com also reveals that DLF and DAL both has met with an agreement to sell the later around 19 msf of commercial space by end of coming year. Till date the parent DLF has made a selling of 11.3 msf of commercial space to DAL which may touch around Rs. 106 billion of which Rs. 59 billion is already been received and remaining Rs. 47 billion is yet to be paid by DAL. The company has recently changed their strategy from lease to sell which lowered the debt to deep extent. For more and latest realty information browse www.propertykhazana.com.
Source: NBTVLIVE

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